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5 Shillings = 1 Dollar
| Issuer | Central Bank of New-Brunswick, Fredericton |
|---|---|
| Year | 1847 |
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| Currency | Dollar (1841-1867) |
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| Obverse description | Blue-tinted note with a large central vignette of a seated allegorical female figure flanked by two smaller classical vignettes at left and right. The issuer name CENTRAL BANK OF NEW-BRUNSWICK is printed in bold letterpress across the centre, with the denomination FIVE SHILLINGS rendered in script below. A vertical panel at the right edge reads ONE DOLLAR, and counters bearing the numeral 5 and the word ONE appear at the upper corners. |
|---|---|
| Obverse lettering | CENTRAL BANK OF NEW-BRUNSWICK FIVE SHILLINGS ONE DOLLAR ONE 5 The President Directors and Company of the Central Bank of New-Brunswick Promise to pay FIVE SHILLINGS or the Joint Fund of the Corporation |
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| Comments |
The Central Bank of New-Brunswick was a short-lived institution, chartered in 1834 and operating out of Fredericton at a time when the province was still competing commercially with Halifax and Saint John for financial dominance. The dual denomination — five shillings sterling alongside one dollar Halifax currency — reflects the genuinely awkward monetary reality of mid-19th century British North America, where sterling, Halifax currency, and U.S. dollar values circulated in uneasy parallel, forcing issuers to accommodate multiple accounting systems on a single note.
The bank collapsed in 1865, well before Confederation swept away most provincial paper issues.